SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nazara Technologies gains on acquiring equity share capital of Funky Monkeys

25 Feb 2025 Evaluate

Nazara Technologies is currently trading at Rs 927.25, up by 9.45 points or 1.03% from its previous closing of Rs 917.80 on the BSE.

The scrip opened at Rs 939.95 and has touched a high and low of Rs 939.95 and Rs 926.60 respectively. So far 991 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 4 has touched a 52-week high of Rs 1124.15 on 19-Sep-2024 and a 52-week low of Rs 590.85 on 27-May-2024.

Last one week high and low of the scrip stood at Rs. 945.00 and Rs. 904.05 respectively. The current market cap of the company is Rs. 8124.22 crore.

The promoters holding in the company stood at 9.00%, while Institutions and Non-Institutions held 24.74% and 66.26% respectively.

Nazara Technologies has acquired 6,51,204 equity shares of Rs 10 each, representing 38.57% of the equity share capital of Funky Monkeys Play Centre (Funky Monkeys) from its existing shareholders against payment of cash consideration of Rs 28.7 crore.

Furthermore, Nazara Technologies has been allotted 3,61,773 equity shares of Rs 10 each, representing 21.43% of the equity share capital by Funky Monkeys against subscription money of Rs 15 crore paid by the Company. 

With the completion of the aforesaid transaction, the Company holds 60% of the equity share capital of Funky Monkeys and Funky Monkeys has become a subsidiary of the Company.

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.

Nazara Technologies Share Price

273.80 12.85 (4.92%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×